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Yolanda is a sole proprietor who runs a small gift shop. Which of the following is a component of her cost of goods sold? Gift
Yolanda is a sole proprietor who runs a small gift shop. Which of the following is a component of her cost of goods sold?
Gift wrap used to wrap items sold as gifts.
Salary of the store bookkeeper.
Items initially purchased for resale, but removed from inventory for Yolanda's personal use.
Cost of running a holiday sale advertisement on a local radio station.
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